Economy, asked by kahkashansehgal2004, 9 months ago

3. From the following data, calculate the percentage of persons earning more than Rs. 1499 ?
Income in Rupees
500-999
1000-1499
1500 - 1999
2000-2499
Number of Persons
15
20
30
5

Answers

Answered by qwwestham
0

Given:

Income in Rupees

500 - 999

1000 -1499

1500 -1999

2000 - 2499

Number of People

15

20

30

5

To find:

The percentage of persons earning more than 1499

Solution:

Total number of people

= 15 + 20 + 30 + 5

= 70

Number of people earning more than 1499

= 30 + 5

= 35

USING THE FORMULA FOR PERCENTAGE

[Number of people earning more than 1499 dividend by the total number of people] × 100

 \frac{number \: of \: people \: earning \: more \: than \: 1499}{total \: number \: of \: people \: }  \times 100

Percentage of persons earning more than 1499

 =  \frac{35}{70}  \times 100

 =  \frac{1}{2}  \times 100

= 50%

Therefore, the percentage of persons earning more than 1499 is 50%

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